Stepstone Price To Operating Cash Flows Ratio from 2010 to 2024
| STEP Stock | USD 66.04 0.69 1.03% |
Price To Operating Cash Flows Ratio | First Reported 2010-12-31 | Previous Quarter 13.69055963 | Current Value 12.49 | Quarterly Volatility 2.08250791 |
Check Stepstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stepstone's main balance sheet or income statement drivers, such as Interest Expense of 6 M, Other Operating Expenses of 366.1 M or Income Tax Expense of 29 M, as well as many indicators such as Price To Sales Ratio of 3.26, Dividend Yield of 0.0526 or PTB Ratio of 6.47. Stepstone financial statements analysis is a perfect complement when working with Stepstone Valuation or Volatility modules.
Stepstone | Price To Operating Cash Flows Ratio |
Latest Stepstone's Price To Operating Cash Flows Ratio Growth Pattern
Below is the plot of the Price To Operating Cash Flows Ratio of Stepstone Group over the last few years. It is Stepstone's Price To Operating Cash Flows Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stepstone's overall financial position and show how it may be relating to other accounts over time.
| Price To Operating Cash Flows Ratio | 10 Years Trend |
|
Price To Operating Cash Flows Ratio |
| Timeline |
Stepstone Price To Operating Cash Flows Ratio Regression Statistics
| Arithmetic Mean | 12.49 | |
| Geometric Mean | 12.30 | |
| Coefficient Of Variation | 16.68 | |
| Mean Deviation | 1.63 | |
| Median | 13.69 | |
| Standard Deviation | 2.08 | |
| Sample Variance | 4.34 | |
| Range | 6.3083 | |
| R-Value | (0.61) | |
| Mean Square Error | 2.93 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | (0.28) | |
| Total Sum of Squares | 60.72 |
Stepstone Price To Operating Cash Flows Ratio History
About Stepstone Financial Statements
Stepstone shareholders use historical fundamental indicators, such as Price To Operating Cash Flows Ratio, to determine how well the company is positioned to perform in the future. Although Stepstone investors may analyze each financial statement separately, they are all interrelated. The changes in Stepstone's assets and liabilities, for example, are also reflected in the revenues and expenses on on Stepstone's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Operating Cash Flows Ratio | 13.69 | 12.49 |
Pair Trading with Stepstone
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stepstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stepstone will appreciate offsetting losses from the drop in the long position's value.Moving together with Stepstone Stock
| 0.94 | BN | Brookfield Corp | PairCorr |
| 0.89 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.94 | CG | Carlyle Group | PairCorr |
| 0.97 | APO | Apollo Global Management | PairCorr |
| 0.93 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
The ability to find closely correlated positions to Stepstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stepstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stepstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stepstone Group to buy it.
The correlation of Stepstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stepstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stepstone Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stepstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Stepstone Stock Analysis
When running Stepstone's price analysis, check to measure Stepstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.